IDFC FIRST Bank Hello Cashback Credit Card

IDFC FIRST Bank · Open to apply

An FD-backed RuPay cashback card. It pays 3% on the first ₹10,000 of online spend in a statement cycle and 5% above that (up to ₹1,000 a cycle), 1% in stores, on essential bills and on UPI through the IDFC FIRST app, with all cashback capped at ₹1,500 a cycle.

Annual fee
₹1,000 + GST a year
Joining fee
₹1,000 + GST
Fee waiver
Annual fee waived on ₹2,00,000 spend per card year
Base rate
In-store card spends, 1%: 1% cashback (about 1% at cash value)
Lounges
None on record
Forex markup
0%
Data
From bank documents, checked 6 Nov 2026

Main earn rates

  • Online spends, 3% on the first ₹10,000 a statement cycle and 5% above: 3% cashback up to ₹10,000; 5% cashback above ₹10,000 (about 3% at cash value)
  • Flights and hotels booked in the IDFC FIRST app, bonus 1%: 1% cashback on top of the base rate (about 1% at cash value)

Earns nothing on

  • No cashback on fuel, EMI and ATM cash withdrawals
  • No cashback on UPI through other apps (Google Pay, PhonePe, Paytm and so on)

Terms the calculator does not value

  • Introductory offer: the ₹1,000 joining fee is ₹0 on the product page, "limited time offer", "Offer valid till 30th November 2026". The calculator charges the MITC's ₹1,000.
  • Annual fee half reversed (₹500 + GST) on spends of ₹1,00,000 to ₹2,00,000 in a card anniversary year; only the full waiver at ₹2,00,000 is modelled.
  • Cashback is computed only on spends up to the credit limit (the FD value) as on the statement date, and is forfeited for a cycle in which the minimum amount due is not paid by the due date.

Sources

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